カテゴリー: Finance

Two US Public Pension Funds Back New $40 Million Crypto VC

Two American Public Sector Pension Funds Back $40 Million Crypto VCTwo American public sector pension funds have reportedly backed a new cryptocurrency industry venture capital fund with a large tranche of a combined $40 million investment. The deal is being hailed as a show of confidence in the field from some of the most conservative types of investment managers. Also Read: In the Daily: New […]

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ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds

ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual FundsA registration statement for a new exchange-traded fund (ETF) that will invest in bitcoin futures among other traditional investments has been filed with the U.S. Securities and Exchange Commission (SEC). The fund’s portfolio will include bitcoin futures traded on the Cboe Futures Exchange and the Chicago Mercantile Exchange as well as sovereign debts and money […]

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Union Bank of the Philippines Launching Cryptocurrency ATM

Union Bank of the Philippines Launching Cryptocurrency ATMOne of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances.” Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for […]

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Fidelity Announces Institutional Crypto Platform is in ‘Final Testing’

Fidelity has published an update announcing that its highly anticipated cryptocurrency exchange and custody platform, Fidelity Digital Asset Services (FDAS), has entered its “final testing” phase. The financial services provider also stated that it is exclusively serving a “select set of eligible clients” while developing the platform. Also Read: Properties Are Still Being Sold for Cryptocurrency […]

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Understanding Cryptocurrency Options – An Alternative Way to Trade Crypto

Crypto proponents have been excited by the launch of bitcoin futures and options, but many are unfamiliar with the fundamentals. Bitcoin options are a popular way to take advantage of a volatile market by strategically hedging some of the risk. To clear up the jargon associated with the most common form of derivatives trading, analysts here […]

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Genesis Capital Processed $1.1B of Cryptocurrency Loans in 2018

Bitcoin Lender Genesis Capital Processed $1.1Bn Digital Asset Loans in 2018Cryptocurrency lender Genesis Capital provided $500 million worth of digital asset loans in the fourth quarter of 2018 alone, soaring almost 100 percent from six months earlier, when the company started its lending business. Altogether, loans reached $1.11 billion for the whole of last year. Also read: Iran in Talks With 8 Countries for use of […]

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Study Finds Three Quarters of Attendees at Crypto Events Are Male

Study Finds Three Quarters of Attendees at Crypto Events Are MaleA recently released report confirms a well-known observation – crypto-focused events are still largely male-dominated, not only in terms of registrants in general but also speakers. According to another finding, almost half of the attendees at the studied forums came from the U.S.   Also read: Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests […]

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Swiss Bank Partners With Bitstamp to Enable BTC Funding and Withdrawals

Swiss Bank Partners With Bitstamp to Enable BTC Funding and WithdrawalsCryptocurrency exchange Bitstamp has partnered with a Swiss bank to allow the bank’s customers to fund their dollar-denominated accounts with BTC as well as withdraw funds in the cryptocurrency. Deposited coins are converted to USD. Withdrawals are converted to BTC and transferred to the crypto wallets linked to client accounts. Also read: Indian Supreme Court Moves […]

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Galaxy Digital Reportedly Raising $250M to Help Firms Survive Crypto Winter

Galaxy Digital Is Reportedly Raising $250M to Help Firms Survive Crypto WinterThe current market environment has caused several cryptocurrency companies such as exchanges, and miners to cancel growth plans, downsize their operations or even completely shut down. A massive new fund reportedly in the works is designed to help such struggling firms with much-needed finance until the situation improves and they return to profitability. Also Read: […]

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Galaxy Digital Reportedly Raising $250M to Help Firms Survive Crypto Winter

Galaxy Digital Is Reportedly Raising $250M to Help Firms Survive Crypto WinterThe current market environment has caused several cryptocurrency companies such as exchanges, and miners to cancel growth plans, downsize their operations or even completely shut down. A massive new fund reportedly in the works is designed to help such struggling firms with much-needed finance until the situation improves and they return to profitability. Also Read: […]

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